When confronted with the purchasing cycle, it is a huge decision for anybody to choose whether to purchase used or new. When it comes to buying a forklift and trying to choose between the two options, the best thing to do is figure out the application requirements for the lift truck. Like for instance, know the kind of machine that is required, how many hours per year or per week you would utilize it and how long you plan to keep it.
Typically, a higher priced forklift would hold its value longer over time. It is good to remember that an inexpensive brand new lift truck may not have the overall dependability, ability or value of a used unit of a higher priced kind.
When considering a purchase of a new or used lift truck, there are 3 aspects which you must take heed of: seasonality, utilization and duty cycle. If you are thinking of using your lift truck for 4 or more hours per day, it is better that you purchase a brand new model, particularly if you will have a high-duty cycle. A high-duty cycle means moving many loads per hour that are near or at the capacity truck.
If you only need your lift truck for roughly 4 hours per day or on an intermittent basis, a lower cost new model or second-hand lift truck may be optimal. Some of the newer units are available at lower costs which are made for lower-duty cycles. Moreover, if you think that you will expect to use the forklift only during particular times of year on a seasonal basis, then a second-hand lift truck or a rental program might best available option and could potentially save you a lot of money.
It is essential to know whether the equipment will be always used. This will mean knowing the amount of uptime and dependability required for your certain application.